FREEHOLD property Le Arc Apartment off Geyland Road is up for collective sale again, with the owners now expecting a minimum offer of S$18.5 million, marketing agent ERA Realty Network announced on Tuesday.
The price translates to around S$847 per square foot per plot ratio , or S$792 psf ppr inclusive of the 7 per cent bonus balcony area and estimated development charges of S$150,000. If the en bloc goes through, each unit’s owner is expected to take home sale proceeds of S$1.6 million to S$1.8 million.
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